Connect.Vegas Episode 8 - David Navarro

Connect.Vegas

In this episode of Connect.Vegas, host Ben Laifsky interviews David Navarro, Nevada Regional President of Enterprise Bank & Trust. They explore David's career, banking insights, and his deep connection to the Las Vegas community. Here are the key highlights from their conversation:

1. David’s Role and Banking Expertise:
   • David explains the different types of banks (community, regional, and money center banks), emphasizing Enterprise Bank's niche in helping small and mid-sized businesses, real estate investors, and developers in Las Vegas.
   • He highlights the importance of building personal relationships and providing value through strategic connections within the community.
2. David's Background and Connection to Las Vegas:
   • David shares his experiences growing up in Las Vegas, his love for the city, and his hobbies, including basketball, weightlifting, and a passion for heavy metal music.
   • He reflects on the city's growth since his childhood, from the development of Red Rock Casino to the expansion of Summerlin and Henderson, and his excitement for Las Vegas potentially acquiring an NBA team.
3. Enterprise Bank’s Community Engagement:
   • The bank is highly active in local charitable work, with David serving on the boards of nonprofits like Make-A-Wish Southern Nevada, Special Olympics Nevada, and UNLV Alumni Association. He believes in the value of giving back, both personally and professionally.
   • He describes Enterprise Bank’s Enterprise University, offering free educational courses for the community, covering business topics like HR, leadership, and exit strategies for business owners.
4. Insights on Banking and Professional Growth:
   • David shares his journey from working in entry-level jobs (such as a busser and a gym membership salesman) to becoming a banking executive.
   • He emphasizes the importance of finding the right fit between businesses and their banks and explains how Enterprise Bank adds value by not only offering products but also helping businesses grow through strategic introductions.
5. Personal and Professional Philosophy:
   • David discusses his proactive mindset, with a motto of "the sooner, the better," urging people to take action rather than procrastinate to avoid future complications.
   • He shares his favorite books, "The 48 Laws of Power" and "The Alchemist", which have influenced his professional and personal journey.